Antam stock gains 1.56 percent on October 6

Published on 10/06/2026 at 13:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Antam stock was last at IDR 3,250 on October 6 after first-half 2026 net profit reached IDR 6.91 trillion. Revenue rose 6.3 percent and margin widened to 11 percent.

Antam, ID1000106602, Illustration mit AI erstellt.

Antam stock (ISIN ID1000106602) gained 1.56 percent to IDR 3,250 on October 6, 2026, with 47,928,200 shares traded on the Indonesia Stock Exchange. The move followed semester I results showing profit growth well ahead of revenue growth.

Profit growth outpaces revenue

According to Kompas on September 10, 2026, Antam reported IDR 6.91 trillion in net profit for semester I 2026, up 34.4 percent from IDR 5.14 trillion a year earlier. Revenue reached IDR 62.71 trillion, a 6.3 percent increase from IDR 59.02 trillion in semester I 2025.

The difference between the two growth rates lifted net profit margin to 11 percent from 8.7 percent. Gold remained the main revenue contributor at IDR 50.1 trillion, while nickel ore and ferronickel contributed IDR 10.4 trillion, according to the same semester report published by Kompas.

Nomura lowers target but keeps Buy

Analyst positioning adds a more cautious counterpoint. MarketScreener reported on September 15, 2026, that Nomura kept its Buy rating while cutting the Antam price target to IDR 5,300 from IDR 6,100.

Against the October 6 price of IDR 3,250, the revised target lies 63.1 percent above the stock. The adjustment reflects the need to balance stronger earnings with commodity exposure and margin sensitivity in the gold business.

Stock remains below yearly high

Antam's October 6 price stood 34.6 percent below its 52-week high of IDR 4,970 and above its 52-week low of IDR 1,250. Market capitalization was IDR 78.1 trillion, giving the earnings improvement a substantial listed-company base.

The next earnings release is scheduled for October 27, 2026, according to InvestPane. For investors, the central test is whether higher gold and nickel volumes can preserve the 11 percent net margin as Antam expands its operating base.

Antam stock trades at IDR 3,250

Antam stock was last at IDR 3,250 on the Indonesia Stock Exchange on October 6, 2026, at 4:14 p.m. WIB. The session range was IDR 3,180 to IDR 3,260, while the 52-week range was IDR 1,250 to IDR 4,970.